Business

Sunday 22 April 2018

Roger Jenkins

ROISIN BURKE

RUNNING "the Brazilian Goldman Sachs" and dating a former supermodel is all in a day's work for Roger Jenkins.

A talented athlete in his youth, the former Dublin-based distressed asset fund boss and Barclays tax supremo turned down a chance to join Britain's Olympic squad in 1976, joining Barclays as a graduate trainee instead.

He progressed to run the lucrative tax planning business at Barclays Capital, helping megawealthy clients aggressively manage their Revenue bills and becoming a famed tax guru.

Jenkins is also credited with helping convince the Qatari royal family and other Middle East sovereign wealth funds to invest €9bn to help rescue Barclays during the early days of the financial crisis.

Pre-departure, Jenkins was reported to be Barclays' highest paid exec, earning over €50m -- more than the then CEO, Bob Diamond.

He left in 2009 and came to Dublin, launching Elkstone Capital with the EBS's Alan Merriman and Shelbourne Developments' Chris O'Connell. It aimed to invest in distressed banking and property assets here and abroad, but its lifespan was short and it was wound down in 2011.

Jenkins went on to become a senior partner at Brazilian investment bank, BTG Pactual. Called "the Brazilian Goldman Sachs" in some reports, it is the biggest independent investment bank and asset manager, with investors including the Rothschilds and the Agnellis. Its recent €13bn flotation valued Jenkins's share at €155m.

From Edinburgh originally, Jenkins lives between London, Sao Paulo and Malibu now. He is thought to be worth some €344m.

In an alliance kindly dubbed "the bald and the beautiful" in the press, Jenkins is dating Elle 'The Body' MacPherson.

Sunday Indo Business

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